Cryptocurrency companies must strengthen the defense against hackers from North Korea who are looking for a job in enormous Web3 companies to organize enormous feats, security experts said Cointelegraph.
Employing developers from North Korea may open the infrastructure of the cryptocurrency project to the threat of hack and violations of data similar to the violation of Coinbase data in May, which revealed the portfolio balance and physical locations of about 1% of monthly exchange users, potentially costing an exchange of up to $ 400 million in the cost of remruth.
In order to fight this growing threat, the industry must adopt better portfolio management standards, AI monitoring in real time in terms of early prevention of exploitom and safer practices of employee verification, said CointeleGraph cryptographic security experts.
“Organizations must treat the DPRK [Democratic People’s Republic of Korea] The risk of IT employees seriously “with” thorough control of the past and strict access based on the farm, “said Yehor Ritsia, head of forensics and reaction to incidents at Blockchain Cyberscurity Company Hacken.
Cryptocurrency companies must also follow “CCSS practices for portfolio operations (double control, audit trails, verification of the identity),” said Rutitsia Cointelegraph. “In addition, maintain improved registration, monitor unusual activity and often browse cloud configurations. The key is uncomplicated: verify, monitor and do not rely on trust.”
Double portfolio control is a type of multisignature portfolio that requires many key handles to sign transactions to confirm.
While most developers from North Korea are not hackers, their wages help to finance a state that has become a leading threat to cybercrime for the cryptocurrency industry.
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A week ago, co -founder of Binance Changpeng Zhao sounded an alarm about the growing threat of hackers from North Korea, who want to infiltrate cryptographic companies through employment and bribes.
His warning occurred after the ethical group of hackers called Security Alliance (Seal) published the profiles of at least 60 agents from North Korea pretending to be IT employees under false names, looking for employment in the USA.
The repository contained key information about the impersonators from North Korea, including Aliasa, false names IE -Maile, together with websites, both true and false citizens, addresses, locations and the number of companies that employed them.
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Real time monitoring AI can save cryptographic companies before violation of data
Experts also recommend adopting artificial intelligence to detect real -time threats.
“IT employees from North Korea infiltrate cryptographic companies to access confidential information and transfer stolen funds or theft of data,” said Deddy Lavid, co-founder and general director of Blockchain Cybersecurity Cyvers, “
“Coinbase violation was a warning. Proactive, AI -based monitoring is a way to stop the next.”
Lavid said that detection of anomalies based on artificial intelligence in employing and combining data onchain and offchain can protect companies even more.
In June, four North Korea employees infiltrated many cryptocurrency companies as independent developers, stealing cumulative USD 900,000 from these startups, illustrating the threat.
https://www.youtube.com/watch?v=ndv0rfeetq
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